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PostBank Donates Towards Reconstructing Elegu Market

PostBank Donates Towards Reconstructing Elegu Market After Fire Raced It Down

To show support for the people who lost property and business during a fire outbreak at Elegu Market, PostBank has donated iron sheets towards the rebuilding of the market.

The iron sheets were handed over to John Kovuki, the Elegu LC III Chairman at the Elegu Town Council offices. They will help revive business operations that have been halted due to the fire.

The Gulu PostBank Branch manager, Catherine Nabukwasi said that the bank takes pride in having such a positive impact on society and always provides viable solutions during times of need.

“Many of the affected people are entrepreneurs, who, we as a bank, value for their continued support. We hope that this donation will speed up the process of resuming business in the market,” she said.

Kovuki noted that many traders lost millions of cash in the fire.

“Most traders have been keeping money in their shops – this disaster comes as a reminder that we have to quickly find lasting solutions that mitigate loss when incidents such as these occur,” Kovuki said.

To solve this problem, PostBank donated a mobile van (bank on wheels) to provide traders with financial services. They will be able to transact the same way they would in a real bank.

The van will stop in Elegu on a weekly basis as the bank seeks to extend affordable financial services to the unbanked population.

Elegu is a promising business hub growing on the Uganda-South Sudan border. For people to access financial services, they have to move to Gulu City.

This is however unfortunate for them as Gulu City is 130km away from them.

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